Behavioral Integration as a Relational Governance Mechanism in Family Firms-The Moderating Role of Family Involvement in Management

被引:22
|
作者
Rosenkranz, Christian [1 ]
Wulf, Torsten [1 ]
机构
[1] Philipps Univ Marburg, Strateg & Int Management, Marburg, Germany
关键词
PRIVATELY-HELD FIRM; CORPORATE GOVERNANCE; CONCEPTUAL ISSUES; BOARD COMPOSITION; GOAL ALIGNMENT; AGENCY COSTS; PERFORMANCE; OWNERSHIP; CONFLICT; IMPACT;
D O I
10.1111/jsbm.12325
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
In this paper we introduce behavioral integration, a construct established in top management team (TMT) research, into the family firm field. TMT research argues that behavioral integration has a positive performance effect as it fosters commitment to the task at hand, joint goals, and mutual trust among TMT members. Because of these specific characteristics, we argue that behavioral integration might act as a relational governance mechanism that positively influences family firm performance. Based on research on family involvement in management, we posit that this positive performance effect of behavioral integration as a relational governance mechanism is particularly pronounced in family firms with a high degree of family involvement in management.
引用
收藏
页码:801 / 819
页数:19
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